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May 10, 2024

Reserves

© RTO Insider LLC
Overheard at the OPSI Annual Meeting
The OPSI annual meeting debated PJM’s recent capacity market filing and whether the RTO needs to consider changes to its energy and reserve markets.  
MISO
MISO: Possibility of Winter Emergency in January
In keeping with its winter estimates from previous years, MISO said it could run into trouble in January should it experience high load or high outages.
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PJM OC Briefs: Oct. 5, 2023
PJM reported that synchronized reserve resource operators have reported several reasons for shortfalls in their response rates,  including operating under a ruleset FERC rejected last year.
© RTO Insider LLC
ERCOT Searching for 3 GW of Winter Capacity
ERCOT surprised market participants with an announcement that it plans to increase operating reserves by requesting an additional 3,000 MW of capacity to shore up the grid for the upcoming winter.
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PJM MRC/MC Briefs: Sept. 20, 2023
PJM's Markets and Reliability Committee endorsed issue charges, opening stakeholder discussions on generator deactivation timelines and a potential overhaul of the reserve markets during its Sept. 20 meeting.
NOAA
‘Challenging’ Grid Conditions Led to CAISO’s Summer Emergency Alerts

CAISO’s issuance of energy emergency watches and alerts in July came under conditions that mirrored those during California’s September 2022 heatwave.

 
PJM
PJM MRC/MC Preview: Sept. 20, 2023
PJM's Markets and Reliability Committee and Members Committee will convene Sept. 20, with endorsement of revised peak market activity rules and issue charges related to generator deactivation rules and reserve certainty on the agenda.
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PJM PC/TEAC Briefs: Sept. 5, 2023
PJM brought a quick fix solution before the Planning Committee, seeking to address the frequency and magnitude of load forecast adjustments being requested by electric distribution companies.
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PJM OC Briefs: Sept. 7, 2023
PJM's Operating Committee delayed a vote on manual revisions aimed at reducing the circumstances under which the RTO would provide advance notice of when it will be sharing confidential member information with third parties.
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PJM MRC Briefs: Aug. 24, 2023
PJM's Markets and Reliability Committee deferred voting on an issue charge to create a new senior task force focused on compensation for reliability-must-run contracts and the timing of deactivation notices.

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